If you're searching for self storage in Hallandale Beach, there are a few things you should keep in mind. Hallandale Beach storage unit prices and availability are closely related to things like real estate prices, the type of housing available in the area, the city's wealth, and whether or not many people are moving to the area. The US Census keeps accurate data relating to all of these factors, so we've used their data on Hallandale Beach to help inform your Hallandale Beach self storage search.
One of the primary uses of self storage is as a safe place to keep your things between moving homes. If many people are moving to or from Hallandale Beach, prices could be higher and availability lower. A city with a high amount of moving activity should see substantial changes in population, so by looking at population data for Hallandale Beach we can get a better idea of the amount of moving activity. According to the US Census, the Hallandale Beach metro area's population grew from 37,217 in 2010 to 39,051 in 2014, a growth rate of 4.93%.
Housing occupancy and vacancy rates in Hallandale Beach can help us get a better idea of how much demand there is for living and storage space in Hallandale Beach and thus the kind of storage prices and availability we should expect to find. Low rates of vacancy in Hallandale Beach housing could indicate that real estate is in short supply. Self storage units in Hallandale Beach may then also be in short supply, which means Hallandale Beach storage unit prices may be higher. Hallandale Beach is estimated to have a 67.6% housing occupancy rate, while the vacancy rate is at 32.4%. The average occupancy rate in US cities is approximately 89%, which is lower than the rate in Hallandale Beach, suggesting that storage unit inventory might also be tighter in Hallandale Beach. With fewer units available, storage facilities in Hallandale Beach may charge higher prices.
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